NEWS IAG inches closer to Aer Lingus deal

Board members at Air Lingus are “considering” the latest takeover offer from International Airlines Group. IAG – owner of British Airways and Iberia, as well as low-cost carrier Veuling – saw two offers for the Irish flag carrier rejected at the end of 2014, but returned with a revised offer of €2.55 a share. For the new €1.36 billion to be successful it must secure the recommendation of the Aer Lingus board and both Ryanair and the Irish government.

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